Nature's Sunshine Products Inc. has declared a 6 cent per common share quarterly cash dividend payable May 31, to shareowners of record May 24, the third consecutive quarterly dividend.
Nature's Sunshine previously issued a ten percent stock dividend for each of the four quarters prior to the cash dividends. A company spokesman said the firm split its common stock two-for-one in November and intends to split the stock three-for-two or declare a 50 percent stock dividend as soon as the stock price "increases to an adequate level."Nature's Sunshine, a manufacturer of encapsulated herbal products, has approximately 5.16 million shares outstanding with 20 million authorized shares.
It also has a 55 percent interest in Canyon Medical Products, a newly formed developer of cardiopulmonary products.